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Tata Motors enters into LTS agreement with labour union at Sanand facility: Report

Date: 23-08-2021

Tata Motors has reportedly entered into a long-term wage settlement (LTS) agreement with the labour union at its Sanand facility in Gujarat.

This is the second such LTS agreement since the company’s Sanand car factory had faced a month-long workers’ strike during February-March 2016. Signed between the company and Tata Motors Sanand Union, the new LTS provides special additional increase in the salary and a new performance-linked scheme.

Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.